Jianpu Technology Inc – (JT) Receives Consensus Rating of “Hold” from Brokerages
Jianpu Technology Inc – (NYSE:JT) has been assigned an average broker rating score of 3.00 (Hold) from the two brokers that cover the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a hold recommendation.
Brokerages have set a 1-year consensus price target of $5.83 for the company and are anticipating that the company will post ($0.02) earnings per share for the current quarter, according to Zacks. Zacks has also given Jianpu Technology an industry rank of 148 out of 257 based on the ratings given to related companies.
Separately, Zacks Investment Research upgraded Jianpu Technology from a “sell” rating to a “hold” rating in a report on Thursday, August 30th.
NYSE:JT opened at $3.61 on Tuesday. Jianpu Technology has a 52 week low of $3.53 and a 52 week high of $9.49.
Jianpu Technology (NYSE:JT) last released its quarterly earnings data on Monday, November 19th. The company reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.03). Jianpu Technology had a negative return on equity of 19.36% and a negative net margin of 16.81%. The firm had revenue of $64.61 million during the quarter. On average, analysts predict that Jianpu Technology will post -0.08 EPS for the current year.
Jianpu Technology Company Profile
Jianpu Technology Inc operates a platform that provides online discovery and recommendation services for financial products in the People's Republic of China. Its platform allows users to access to financial products, including consumer and other loans, credit cards, and wealth management products.
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